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  4. Taylor Electric Cooperative
EIN 75-0597925

Taylor Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
103
City
Merkel
State
Texas
Year formed
1939
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Taylor Electric Cooperative is a mission-driven organization located in Merkel, TX. It provides electric power to rural areas at cost on a cooperative basis through its electric division and fiber internet services to members through its fiber internet division, both on a patronage basis. At year end, there were 18,146 active services.
Total revenues
$72,269,537
2022
Total expenses
$73,639,627
2022
Total assets
$207,962,708
2022
Num. employees
103
2022

Program areas at Taylor Electric Cooperative

Electric division:providing Electric energy to our members at cost on a Cooperative basis through the allocation of patronage capital. There were 20,129 active services at year end.
Fiber internet division:a separate division of the Cooperative was created to provide fiber internet service to its members through the construction of a fiber optic network. Fiber internet services are provided to members on a patronage basis through the allocation of patronage capital to the extent of margins for such division. There were 3,649 active services at year end.

Personnel at Taylor Electric Cooperative

NameTitleCompensation
Ryan BartlettPresident and Chief Executive Officer$320,532
Nancy BriscoChief Financial Officer$211,806
Wade HatchVice President of Engineering / Manager of Engineering / Director of Electric Operations$157,050
Kenneth WellsDirector of Business Development and Special Projects$130,118
David ThomasDirector of Electric Operations / Construction Operations Manager / Construction Operations / Employee$152,975
...and 9 more key personnel

Financials for Taylor Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$71,300,202
Investment income and dividends$191,562
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$207,543
Net gain from sale of non-inventory assets$-1,832
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-134,417
Miscellaneous revenues$706,479
Total revenues$72,269,537

Form 990s for Taylor Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-07990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
2018-122020-02-13990View PDF
...and 10 more Form 990s

Organizations like Taylor Electric Cooperative

OrganizationLocationRevenue
Jones-Onslow Electric Membership Corporation (JOEMC)Jacksonville, NC$152,637,282
Hilco Electric CooperativeItasca, TX$102,294,188
Consumers PowerPhilomath, OR$47,215,867
Northeast La Power CooperativeWinnsboro, LA$35,033,427
Continental Divide Electric CooperativeGrants, NM$65,112,432
Farmers Electric CooperativeGreenville, TX$223,821,354
Guadalupe Valley Electric CooperativeGonzales, TX$333,516,518
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Wharton County Electric Cooperative (WCEC)El Campo, TX$28,692,151
Agralite Electric CooperativeBenson, MN$25,358,621
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Used new vendors
Identified 2 new vendors, including , and
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 4 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 250
Merkel, TX 79536
Metro area
Abilene, TX
County
Taylor County, TX
Website URL
taylorelectric.com/ 
Phone
(325) 793-8500
IRS details
EIN
75-0597925
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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